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Leveljump Health - JMPHF STOCK NEWS

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About LevelJump Healthcare Corp. (JMPHF)

LevelJump Healthcare Corp., trading under the symbol JMPHF, is a Canadian healthcare company specializing in B2B telehealth solutions and diagnostic imaging services. Headquartered in Toronto, Ontario, LevelJump operates through two primary divisions: its Teleradiology Services, which provides remote radiology solutions to hospitals and imaging centers, and its network of physical Diagnostic Imaging Centers, serving local communities with advanced medical imaging technologies.

Core Business Areas

LevelJump's core focus lies in addressing the critical need for accessible and efficient healthcare solutions. Through its Teleradiology division, the company delivers essential radiology services to hospitals and clinics, ensuring rapid diagnostic support for urgent and emergency patients. This service is particularly vital in rural and underserved areas where access to in-house radiologists may be limited.

The company also operates diagnostic imaging centers, offering a range of services including X-rays, ultrasounds, and fluoroscopy imaging. These centers are equipped with state-of-the-art technology, such as advanced Samsung X-ray machines, to provide high-quality imaging with reduced wait times. By extending operational hours and integrating new modalities, LevelJump enhances patient convenience and care quality.

Market Position and Competitive Landscape

LevelJump operates at the intersection of the rapidly growing telehealth and diagnostic imaging markets. The company differentiates itself through its hybrid model, combining remote teleradiology services with in-person diagnostic imaging. This approach allows LevelJump to address both immediate diagnostic needs and broader healthcare challenges, such as long wait times and limited access to specialized care.

In addition to its core services, LevelJump has demonstrated a commitment to innovation and growth through strategic acquisitions and technological upgrades. The company's recent expansion into Alberta and the opening of its Yonge Sheppard diagnostic center in Toronto highlight its focus on geographic and service diversification. By integrating advanced software systems like Velox Imaging for EMR and PACS, LevelJump aligns with modern healthcare demands, enhancing operational efficiency and patient outcomes.

Key Differentiators

  • Hybrid Service Model: Combines telehealth with physical diagnostic centers for comprehensive care delivery.
  • Patient-Centric Approach: Extended operational hours, reduced wait times, and advanced imaging technologies prioritize patient convenience and care quality.
  • Strategic Growth: Acquisitions and expansions into new markets strengthen the company's footprint and service offerings.
  • Technological Integration: Investments in EMR and PACS systems streamline operations and improve service efficiency.

Significance in the Healthcare Industry

LevelJump's operations address critical gaps in the healthcare system, particularly in diagnostic imaging and emergency care. By leveraging telehealth technologies and physical imaging centers, the company plays a pivotal role in reducing diagnostic delays and improving healthcare accessibility. Its focus on critical care and emergency patients underscores its importance in the broader healthcare ecosystem, particularly in Canada.

Conclusion

LevelJump Healthcare Corp. stands out as a dynamic player in the healthcare industry, offering innovative solutions that bridge the gap between telehealth and in-person care. With a focus on critical care, advanced technology, and strategic growth, the company is well-positioned to meet the evolving needs of patients and healthcare providers alike.

Rhea-AI Summary
LevelJump Healthcare Corp. announces an extension for its proposed non-brokered private placement, offering up to 5,000,000 units at $1.00 per unit for gross proceeds of up to $5,000,000. The company has sold 1,955,000 units and 2,094,000 Class A-1 Preferred shares to date. The Preferred shares are capped at a maximum of 10,000,000 shares that can be issued. Each Unit will consist of one common share and one 12% cumulative redeemable convertible Class A Series 1 preferred share. The Company is also offering a finders fee of 7%. The Offering is conditional upon receipt of all required regulatory approvals, including the approval of the TSX Venture Exchange.
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LevelJump Healthcare Corp. (TSXV: JUMP) (OTC Pink: JMPHF) (FSE: 75J) announces the grant of 2,650,000 stock options to certain directors and officers, as well as the expiration of 3,900,000 previous options. The new options were granted at an exercisable price of $0.20 and are subject to 12-month vesting provisions, expiring on December 31, 2026.
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LevelJump Healthcare Corp. (TSXV: JUMP) (OTCQB: JMPHF) (FSE: 75J) announces seamless integration of Sage Intacct, issuance of 60,000 common shares, and update on non-brokered private placement.
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LevelJump Healthcare Corp. (TSXV: JUMP) (OTCQB: JMPHF) (FSE: 75J) reports Q3 fiscal results with a 31% revenue increase to $2,856,044 and a 14% gross profit increase to $739,479. The company aims to sustain revenue growth by leveraging established Diagnostic Centers and delivering value to shareholders.
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LevelJump Healthcare Corp. (TSXV: JUMP) (OTCQB: JMPHF) (FSE: 75J) has applied to the TSX Venture Exchange to update its preferred share unit offering, planning to sell up to 5,000,000 Units at $1 per Unit. The Units consist of one common share at an issue price of $0.10 per Common Share and one 12% cumulative redeemable convertible Class A Series 1 preferred share at an issue price of $0.90 per Preferred Share. The Preferred Shares carry a cumulative annual dividend of 12% payable quarterly, along with a top-up dividend of 25% of the portion of LevelJump's EBITDA that is above $2,000,000 per year, divided by the then outstanding Preferred Shares. The Company has sold 2,094,000 units in prior offerings and plans to sell the balance primarily to accredited investors.
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LevelJump Healthcare Corp. (TSXV: JUMP) (OTCQB: JMPHF) (FSE: 75J) declares a quarterly dividend of $0.03 per share for its Class A Series 1 12% Cumulative Redeemable Convertible Non-Voting Preferred Shares. The company also appoints MNP LLP as its auditor, effective October 13, 2023.
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LevelJump Healthcare Corp. has applied for an extension to its proposed non-brokered private placement, aiming to raise up to $5 million. The extended final date for acceptance of the offering is November 28, 2023. To date, the company has sold 1,955,000 units and 2,094,000 Class A-1 Preferred shares. The offering is open to accredited investors in Canada and will be used for acquisitions and general working capital purposes.
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The Watchlist by The Market Herald releases new interviews with Leveljump Healthcare, Kootenay Silver, Sendero Resources, Nextech3D.ai, and Canada Nickel Company.
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LevelJump Healthcare Corp. announces the acquisition of four Alberta-based independent health facilities, expanding its footprint and bringing the total number of clinics owned by the company to eight. The IHFs are currently generating just under $5 million annually in revenues with EBITDA of approximately $1 million.
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LevelJump Healthcare Corp. has completed a non-brokered private placement financing, raising $825,000. The funds will be used for completing the Alberta acquisition and working capital. The company has paid a finder's fee of $45,500 to certain finders. All securities issued will be subject to resale restrictions for four months and one day.
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FAQ

What is the current stock price of Leveljump Health (JMPHF)?

The current stock price of Leveljump Health (JMPHF) is $0.0183 as of February 7, 2025.

What is the market cap of Leveljump Health (JMPHF)?

The market cap of Leveljump Health (JMPHF) is approximately 3.5M.

What does LevelJump Healthcare Corp. do?

LevelJump Healthcare provides telehealth solutions through its Teleradiology division and operates diagnostic imaging centers offering services like X-rays and ultrasounds.

How does LevelJump generate revenue?

The company earns revenue through service fees for teleradiology contracts, patient fees at diagnostic imaging centers, and potential new initiatives like its Telehospital portal.

What is unique about LevelJump's business model?

LevelJump combines telehealth services with physical diagnostic centers, offering a hybrid approach to healthcare that improves accessibility and reduces wait times.

What markets does LevelJump operate in?

LevelJump operates primarily in Canada, with diagnostic imaging centers in Alberta and Ontario, and a focus on underserved and rural areas.

What challenges does LevelJump face?

Challenges include regulatory compliance, competition in the telehealth space, and the capital-intensive nature of healthcare operations.

What services do LevelJump's diagnostic imaging centers provide?

These centers offer X-rays, ultrasounds, fluoroscopy imaging, and other diagnostic services using advanced medical technology.

How does LevelJump contribute to the healthcare industry?

LevelJump addresses critical gaps in healthcare by reducing diagnostic delays and improving access to care through its telehealth and imaging services.

What recent expansions has LevelJump undertaken?

The company has expanded into Alberta with new diagnostic imaging centers and opened a state-of-the-art facility in Toronto's Yonge Sheppard area.

What is LevelJump's approach to technology?

LevelJump integrates advanced technologies like Velox Imaging for EMR and PACS to enhance operational efficiency and patient outcomes.

Who are LevelJump's primary customers?

LevelJump primarily serves hospitals, imaging centers, and patients in need of critical and emergency diagnostic care.
Leveljump Health

OTC:JMPHF

JMPHF Rankings

JMPHF Stock Data

3.48M
70.84M
26.58%
Diagnostics & Research
Healthcare
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Canada
Toronto